Answer:
to assist the low income at a cost to society, in convenient, affordable housing.
Explanation:
Rent control can be defined as a process which typically involves keeping the cost of rent within a certain amount that is affordable for the citizens. Therefore, it ensures the amount of money spent as rent doesn't go above the chosen amount or grow at an increased rate.
Price control can be defined as standard restrictions or regulatory conditions that are typically set and enforced by the government of a country.
This ultimately implies that, price controls are used to impose the minimum and maximum prices set by the government, which are to be charged for various goods and services in the market. This minimum price that can be charged such as minimum wage is known as price floor while the maximum price that can be charged such as rent control is known as price ceiling.
Basically, rent control is considered to be a price ceiling.
Hence, the usual stated political goal of rent control is to assist the low income at a cost to society, in convenient, affordable housing.
Answer:
$162,500
Explanation:
Depletion is used to expense the cost of extracting natural resources.
Depletion expense = (unit extracted in 2017 / total units that could be extracted) x (Cost- salvage value)
(1,500,000 / 12,000,000) x ( $1,500,000 - $200,000) = 0.125 × 1,300,000 = $162,500
I hope my answer helps you
<span>Which promotion exemplifies the use of a fixed-ratio schedule of reinforcement? A café prints "you are a winner" on a random one-twelfth of its coffee lids; patrons receiving such a lid can redeem it for a free beverage. A fixed-ratio schedule of reinforcement, which a response is reinforced when there is a set number of responses. Every set number of people purchasing the coffee have a chance to win a free beverage. </span>
Answer: $80
Explanation:
The opportunity cost is regarded as the real cost of the alternative that was left or forgone.
Based on the information given in the question, the opportunity cost is the free ticket to a Post Malone concert that is worth $80 which was given to me by my friend.
Therefore, the correct option is E.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
The Nelson Company's radio division currently is purchasing transistors from the Charlotte Co. for $3.50 each. The total number of transistors needed is 8,000 per month. Nelson Company's electronics division can produce the transistors for a cost of $4.00 each and they have plenty of capacity to manufacture the units. The $4 is made up of $3.25 in variable costs, and $0.75 in allocated fixed costs.
Because there is unused capacity, we will not have into account the fixed costs.
Unitary cost= $3.25
It is more convenient to produce in house. The indifference price is $3.50.
